TSX:CSMetals and Mining
Why Capstone Copper (TSX:CS) Is Up 5.6% After Swinging Back to Profit Despite Strike Disruption
Capstone Copper Corp. reported first-quarter 2026 results on 29 April 2026, with sales rising to US$652.49 million and net income reaching US$102.46 million, reversing a net loss a year earlier.
The company delivered this profit improvement while maintaining consolidated copper output of 47,960 tonnes at C1 cash costs of US$2.66/lb, despite a 35-day strike at its Mantoverde operation.
We will now examine how this sharp swing to profitability, achieved despite strike-related disruption,...